【Zillow】The Housing Reasons Why Latinxs Have Less Wealth Than Whites

Latinxs are becoming homeowners at a higher rate than the overall U.S. population, beginning to close a gap with the white homeownership rate that has tripled since the start of last century. Affordability and racial inequity combined to exacerbate the disparity during the past 12 decades.

The typical Latinx[1] household in the U.S. earns 75.7% of the typical white household. But Latinx wealth – a household’s total assets – is a paltry 12.2% of white household wealth.

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